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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 4 4:00 PM EST

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To: Thomas Kirwin who wrote (362)11/27/1996 10:28:00 AM
From: Charles A. King   of 13091
 
I have bought and now I'm holding.

I don't understand selling this stock, especially with the idea of buying back in again. There is the risk of loss of opportunity, there are the transaction costs, there is the spread, there are taxes to be paid on net gains. Just holding a stock as long as its fundamentals don't change to the worse makes the most sense to me, especially in the very long run. Capital given up to any of the costs above is money down the drain that would go toward compounded capital gains.

Charles
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